David Scammell, head of UK and European interest rate strategies at Schroders, has left the firm. Scammell, who joined Schroders in 2004, managed a raft of funds including ISF Euro Liquidity Fund and Gilt and Fixed Interest Fund. He also co-managed ISF Global Inflation Linked Bond Fund.

As a result of Scammell leaving, it has reassigned his portfolios across the team, meaning his role no longer exists. The Global Inflation Linked Bond fund will now be managed by Schroders' global multi sector team, headed by Bob Jolly and Gareth Isaac. The Euro Liquidity fund will be handed to Jamie Fairest as lead manager, with Thomas Sartain and Jolly as alternates.

Sartain will also manage the Gilt and Fixed Interest fund, with Isaac as alternate.